Archive for the ‘General News’ Category
Lord Shiva-Creator of Universe
Lord Shiva- God of Creation of Universe and he is also referred has destructor. His cosmic role is to balance the good and evil actions. When this balance gets disturb he destroys the universe for the creation of next cycle. He is a god of recreation in the cyclic process of creation.
He is the lord of mercy. He protects the devotees from evil forces, pains and suffering of their devotees.
He appears with unclad body with tiger skin in his body, three matted locks on his head, Goddesses Ganga on his head and he has a third eye and has a snake on his right shoulder and he wears kundalas, Rudraksha necklace.
His appearance symbolizes his qualities. The unclad body shows that he is a source of entire universe. 3 metted locks are the integration of physical, mental and spiritual energies. Goddesses Ganga shows destruction of sin, ignorance and bestows with knowledge, …
Atlanta Airports remains the busiest
Hartsfield –Jackson International Airport, Atlanta got its second world’s busiest title as its 2007 flight reached 994,466 compare to its 2006 statistic of 976,447.
Statistics includes landings and takeoff as noted by the Federal Aviation Administration. Flight details however were not feed by the FAA. Chicago O’Hare International Airport ranks second with 935,000 flights; the third in rank was Dallas Forth Worth International Airport for its 686,711 flights.
Officials said that Hartsfield increased its flights due to the massive promotion of the cities key airlines like Delta Air Lines and Air Trans Airways causing travel demands to increase in metro Atlanta.
Mittal plans IDRs, listing on Indian stock exchanges
Lakshmi N Mittal, president and CEO of Arcelor Mittal wants to list the world largest steel company on the Indian stock exchanges using the indian Depository Receipts “we want to give Indian investors an opportunity to be apart of the world largest steel company and would like to list arcelor mittal in India,” he told.
While Mittal continues to hold an Indian passport, for the most part he resides in london. As per the company he controls, it is listed on the Luxembourg, Amsterdam, Brussels, Paris and New York stock exchanges among others.
for foreign companies like Arcelor Mittal, raising equity capital from the indian markets is possible through the issue of IDR. “Much as i would like to right away,” Mittal said , “current goveronment norms for this purpose are not so feasible. So we will have to wait a little while before …
Sensex hits Mach2, gains 894pts in one session
Fasten your seat belts. The stock markets are getting into a zone that is no longer for the weak hearted. On Wednesday, the Sensex gained 894 points in one set just 2odays ago when it gained 879 points. And it was only amonth ago that the index fell 717 points. Its second sharpest drop ever.
Just as Wednesday surge left investors richer by Rs 1.99 lakh crore. Last month drop has shaved off their wealth by Rs 1.45 lakh crore.
To the uninitiated. or for that matter, even to seasoned investors, these numbers may seem dizzying. As recently as in 2004, a 1,000 points annual increase on the index would be reason to celebrate.
On the one hand, everyone believes india will grow at 10% for the next couple of years. On the other, economists reckon the US will slow down and growth in europe will …
Dell to buy Equallogic for $ 1.4 billion
Dell said on Monday that it would acquire equal logic for $1.4 billion in a move to claim larger share of the data storage market.
The deal, Dell largest acquisition to date and its fourth this year comes as the company is trying to stage a corporate turnaround and reclaim ground lost to more nimble competitors. Michael S Dell simplify corporate storage for compoanies as they grappled with more data than ever before.
Storage is the fatest part of Dell business Dell said in an interview. there an explosion in the amount of data being consumed. Dell said data storage today accounted for about $24 billion of Dell revenue of about $57 billion, but that figure he said is growing rapidly. The Nashua based provately held Equal Logic is the leading provider of the internet based storage technology known as iscsi
RBI to take a call on rates tomorrow
The Reserve Bank of India may have to take a tough call on whether to cut key rates or maintain the status quo when it reviews its monetary policy on Tuesday, with inflation being at afiveyear low even as excess liquidity problems persist.
RBI governor YV Reddy has a difficult role to perform as peaking interest rates have begun impacting the high growth momentum while the liquidity problem is being aggravated by surging forex inflows. While some bankers and economists expect a marginal cut in key short term rates, others feel the RBI might not do so in the face of inflation ary expections looming large due to surging global oil prices.
With interest rates having peaked and inflationary pressures still persisting the RBI is not expected to tinker with the rates they said. The apex bank might, how ever reduce the difference between …
Sensex jumps 258 points
The benchmark Sensex on Thursday surged by 258 points as investors engaged in hectic buying on the Bombay Stock Exchange and shares of Tata steel and ICICI Bank registered sharp rise.
Foreign institutional investors hectically covered short positions in derivatives on the concluding day of October series. The BSE barometer moved in the range of 18900.10 and 18459.51 before ending the day at 18770.89 a ris of 257.98 points over wednesday close of 18,512.91. The broader s&P cnx Nifty of the National stock exchange also ended up by 72.80 points to close at 5568.95 against the previous close of 5496.15.
Initially, investors seemed cautious head of SEBI board meeting on Thursday to decide on restrictions on P-Notes amid reports that the Reserve Bank of India has reiterated its earlier stance of a complete ban on PNs. Activity however was picked up as investors continued to roll over positions to next series
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Chiru changing phases
His image is down in the dumps for the time being and the mega star is now down in the dumps. But it was not always like this . In the last few years, Chiranjeevi made special efforts to build a larger than life image of himself.
‘Born for the people read the tagline for India a Chiranjeevi starrer released afew years ago. This was the moviethat provided insight about the image that the hero wanted to create for himself. In the past he was a dancing star, then a romantic hero and subsequently an anction hero, but there was now a conscious effort to change track.
Chiranjeevi, riding the height of his popularity chose subjects that had a mass appeal. In India released in 2002, Chiranjeevi handled the problem of Rayalaseema faction feuds. He sent across a message that enmity and revenge was not a solution …
SBI conducts opening ceremony at LSE
State Bank of India Chairman O.P Bhatt on Tuesday conducted the market opening ceremony at the London Stock Exchange to mark the 11th anniversary of the listing of the bank in London.
ICICI Bank launches Bank Home services
ICICI Bank on Tuesday launched Bank Home services for all its savings and current account customers.
Bank@Home services for all its savings and current account customers. “Bank@Home services and current account customers. “Bank@Home is like a courier service wherein the banking facility is made available at the customer’s doorstep,” ICICI Bank’s head Maninder Juneja said in a statement.
Telecom panel may oppose spectrum auction
The Telecom Commission, the policy making wing of the department of telecom is understood to have taken a final view on regulator Trai’s licensing reform proposals including the one that there be no cap on number of operations in acircle. Some of the proposals have been accepted, some tweaked and some have been rejected, sources said.
The commission is of the opinion that auction of additional spectrum is not a considerable idea at the moment, keeping in mind the affordability and low teledensity. The report of the commission will now be put up before communications minister A Raja at the earliest and depending on his approval, the new licensing policy may be unveiled at any moment. Although senior officials were tight lipped about the details of the proposals that has been finalised by the commission, some of these recommendations which have been accepted are bringing down the combined …
Angelina goes house hunting in France
Angelina Jolie and partner Bradpitt got into a spot of trouble with a frenchman after they droped in unannounced to take a look at his house. The couple is looking for a new place in the south of France to bring up their kids. So when their professional ‘property finder’ told them about a place, they immediately hired a helocopter to go see it.
However, a source reveals that the place was none too placed, for Pitt and Jolie had not bothered to tell him that they were coming. “They hired a helicopter for the day to look at one fabulous pad they were particulary interested in,” a British daily quoted the source, as saying.”They landed in nearby filed and sent one of their team to ask if Brad Pitt and Angelina Jolie could take a look around. But the French owner …
Will any of these three lead india
Much like the reel ‘Chak De’ team of underdogs that had the nation breaking into spontaneous applause egging them on to hit that elusive goal to victory, the real Lead India team of eight has generated much the same response. just that the goal of the Lead India eight has been to become true ‘public representatives’ addressing concerns of the largely ignored “aam aadmi”.
While all the eight generated enthusiastic responses from people what with them getting recognised at public places and parties the candidates making it to the final three after calculating the sms/ website poll result with the jury verdict are IPS offcer Soumya Mishra, the formers’ lawyer suneel reddy and corporate consult karuna Gopal.
while some candidates fared well in the jury poll, others scored high in online and Sms voting and others in the audience poll. leading the pack is soumya mishra who garnered over
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Tune in to Lead India on Radio Mirchi
You ‘ve read about the Lead India candidates in the newspaper. Now, hear them on Radio Mirchi has been profiling the respective candidates and capturing their connect with the city and its key issues in its characteristic light hearted manner.
Every morning, on Hello Delhi and every evening, on Bumper Radio Mirchi chats with some of the candidates background is given, followed by question like “What will you do to bring ;more accountability for the benefit of taxpayers in your city”? In Delhi, one of the questions asked was, “If you have only 15 days to set the city’s rowdy auto drivers straught, what will you do?”
Answers by the candidates are aired during the show, as also during later shows. After each interview, listeners are informed how to vote for the candidate, either through SMS or the lead …
U.S. initiative to increase high-tech trade with India
The U.S. commerce Department has announced a new programme to facilitate and increase high technology trade with India while maintaining a secure American export control system. Commerce Secretary Carlos Gutierrez has established the Validated End-User (VEU) programme for India, which will make transactions “easier, faster and more reliable with customers that meet the security requirements of an inter-agency review process,” the Department of commerce said in a statement.
It will help U.S. exporters to “remain competitive in one of the fastest-growing markets for American companies,” the statement said. “As the world’s largest democracy and a strategic partner, India’s growth has created new opportunities for U.S. businesses and workers. VEU will enable U.S. companies to capitalise on those opportunities by eliminating individual licence requirement on exports of U.S. controlled items to certain customers in India with a track record of responsible use of such items,” the statement said.
“American exporters benefit from access …
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